Core Concepts of Accounting Information Systems 12th Edition by Carolyn Strand Norman, Mark Simkin

Exercise 20

The Web site of FinCen-the Financial Crimes Enforcement Center Network (a department of the U.S. Treasury)-maintains a Web site at http://www.fincen.gov. On the left side of its home page, you will find links to information for various types of companies including banks, casinos, money service businesses, insurance companies, security and futures traders, and dealers in precious metals and jewelry-that is, the companies mandated by various federal laws to file SARs. Select three of these types of companies, and for each type, use the information provided on these secondary pages to list at least two types of financial transactions or activities that should be considered ''suspicious.''